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SK hynix shares plunge approximately 9% on news of CXMT's high-density DRAM design progress

TIKR ·

SKHY SK Hynix Inc ADR
$157.06 -3.19%
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  1. 1SK hynix shares fell approximately 9% in the Seoul market on Tuesday.
  2. 2CXMT announced that it has developed a higher-density DRAM design.
  3. 3Strategist Charu Chanana said the CXMT news was a clear catalyst for the sell-off in memory stocks.

So what's the key point?

SK hynix shares fell approximately 9% in the Seoul market on Tuesday.

Source TIKR · View original ↗

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